I think most people approach crypto in the wrong way. With "get rich quick" approach.
If you come to crypto with such an attitude, you should never ever invest.
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Unfortunately there are so many who are interested in the crypto world because they want to get wealth instantly. Just because you see the success of others who are lucky and can take advantage of good opportunities and big profits, does not mean it can happen to you. Often people only see success, without wanting to learn what are the failures and processes that must be passed. This is one big mistake in investing.